Finance Options for Buying a Toyota Hiace Van in Australia

Finance Options for Buying a Toyota Hiace Van in Australia

The Toyota Hiace van is a go-to choice for tradespeople and small businesses across Australia. But while the Hiace delivers long-term value, the upfront cost can still be a barrier. That’s where smart vehicle finance options come into play.

In this guide, we’ll help you understand the different ways to finance your Toyota Hiace van — whether you're a sole trader, growing business, or need tax-smart solutions.

💳 1. Business Car Loans

Best for: Sole traders, ABN holders, small companies

A standard chattel mortgage or commercial car loan allows you to:

• Own the van from day one

• Claim GST and depreciation

• Set flexible repayment terms (1–7 years)

• Use the vehicle as security → lower interest rates

This is one of the most popular ways tradies buy a Toyota Hiace in Australia.

📊 2. Finance Lease

Best for: Businesses wanting low monthly costs

With a finance lease, the lender owns the van and you lease it for a fixed term:

• Lower monthly payments

• Tax-deductible lease expenses

• Option to buy at the end (residual value)

This is ideal if you prefer operational flexibility and want to upgrade vans regularly.

🛠️ 3. Hire Purchase

Best for: Businesses that eventually want ownership

You hire the vehicle with the intent to own after final payment:

• Fixed interest rates

• Fixed terms

• Depreciation and interest may be tax-deductible

Great if you plan to keep the van for the long term.

📉 4. Balloon Payment Options

To reduce monthly repayments, you can structure a balloon payment at the end of the loan term. This works with:

• Car loans

• Chattel mortgages

• Hire purchase

Example:
Buy a Toyota Hiace for $45,000

• Pay lower monthly instalments

• Final payment of ~$10,000 after 5 years

This is perfect for tradies who want to manage cash flow.

🧾 5. Instant Asset Write-Off (Tax Benefits)

If you're an ABN holder or company, don’t forget the ATO's instant asset write-off scheme (limits apply). You may be able to:

• Claim the full purchase price of a van under your business tax

• Save thousands in one financial year

Speak to your accountant to confirm eligibility.

✅ Finance at Commercial Motor Group

At Commercial Motor Group, we make it easy for you to drive away in a Hiace with:

• Fast loan approvals

• Competitive interest rates

• Flexible terms and balloon options

• Tailored finance for tradies and SMEs

Browse our current stock of:

• 🚐 Toyota Hiace Vans for Sale

• 📋 All Toyota Hiace Models

Or visit: 🌐 https://commercialmotorgroup.com.au

🚀 Final Thoughts

Whether you’re buying your first van or upgrading your fleet, understanding your finance options is key to long-term success. With tailored loans, leases, and tax-smart solutions, owning a Toyota Hiace is more achievable than ever.